A Senior Moment?

By

Gregory Zuckerman Staff Reporter of The Wall Street Journal

Updated Dec. 26, 2002 12:01 a.m. ET

Farmers, steelmakers and timber producers receive heavy subsidies for their wares. Now there's a growing likelihood senior citizens will get their share, boosting the health of much of the sickly drug industry.

With the ascension of Tennessee's Bill Frist as Senate majority leader, the smart money is betting he will push through some kind of Medicare drug benefit by the middle of next year.